Best Forex Robots Based On Real Performance For 2019/2020

This performance table is a list of some of the best forex robots (otherwise known as forex expert advisors) on the market. It compares their performance over a month to month and year to year basis so you can see which robots are performing well recently and which aren’t. This should give you a great indication of which forex robots to avoid, and which ones to consider. A top forex EA is not only based on how much money it can make, but consistency, history, and support. What good is an EA if you can’t get any support for it and the vendor only has a couple weeks worth of history?

There is no best forex robot, just ones that are better than others at certain things. One of the better and consistent performing forex robots on this list is Forex Flex EA. Its oldest account is over 2 years old and has turned $3000 into over $350,000 in that time. Read our review of it to find out more.

Please go over all the data and decide for yourself what the best forex trading robots are. Most of the top expert advisors listed here actually work, but be sure to read the reviews and comments on any that you may consider buying!

Table Headers Explained

Name: The name of the forex robotWarning: Mouseover the red warning indicator beside an mt4 ea name and it will show you the warning associated with that ea. It usually ranges from dangerous martingale, to scalpers on a demo account, to blown accounts that haven’t been updated to reflect that. Generally best to avoid any EA with a red flag warning.Gain: The percentage of profit that has been made on top of the original depositMonthly %: How much on average the ea is generating per monthDaily %: How much profit it makes on average each dayDays: The total number of days the trading account has been active for.Drawdown: The highest drawdown the forex robot has ever had at any given time during the accounts lifetime. Generally anything under 20% with a large overall gain is very good, under 40% is manageable but is getting risky, over 50% is basically risking the entire account blowing.Trades Per Day: Average number of trades per day it has opened over the course of the account history.Profit Factor: How profitable this expert advisor is. The higher the number, the more profit it can make in a short amount of timeProfit Factor: The rating that mt4 ea has achieved based on user ratings.Balance: The current total balance in $ of the accountPips: The total number of pips this forex robot as accruedAge: How many days the account has run since the initial depositDeposit: How much money was originally depositedEquity Curve: A curve showing the expert advisors account balance growth over its lifetime. This is clickable and will bring you to the accounts myfxbook page

Other common keywords:Scalper/Scalping = A forex scalping robot is one that tries to get in and out of the market as quickly as possible with very small profits. The most common scalping ea’s you see today looking to scalp 2-5 pips of profit, but then have a 20 to 50 and sometimes even 100+ pip stop loss. They become very deceiving where you go on long winning streaks and then one day one loss comes a long and wipes away all your real profit. This is not a sustainable forex trading approach. You must also be careful with vendors that show scalping robots with performance on a demo account, they perform 100x better on demo than they do on live accounts. This is because real money accounts have higher variable spreads, swaps, commissions, off quotes, liquidity issues and many many more variables that can eat into those small profits.Live account = A live forex account is referred to as a real money trading account where you earn real profit.Demo account = A demo account is referred to as a play money account (fake money). Market conditions are always much more favorable on demo accounts than real accounts.Expert Advisor (EA) and a forex robot are the same thing, just different describing names.

The data of each forex expert advisor is updated every 5 minutes, every trading day. All the data is aggregated straight from myfxbook and therefore cannot be changed or manipulated in anyway.

If there is an fx robot you think should be added to this table, please leave a comment below requesting the robot you wish to see added. As always, feel free to comment.

Requirements: In order to use any of these forex trading robots, you will need an account at a forex broker that supports the Metatrader 4 platform. Check our list of the top MT4 brokers ranked from best to worst based on user ratings. Another thing to consider which is not a requirement but will definitely make your life easier is using a forex vps.

Flex EA is the best on the market by a mile. The coding blows everything else away, and the support is done by the developer himself with a very active members forum where they share strategies, set files, results and ideas. What more do you want in an EA?

I’ve used GBPro now for 4 months in managing 4 different accounts. Real Money accounts DO NOT make money like the demo account GBPro people posts. In fact using the same settings as the GBPro people use at Contabo, in one account, GBPro has lost money consistently on a real $15,000 USD account at Tallinex. After 4 months, its now 13,000 and change. “Get Rich Quick” with no work is ridiculous.

Forex Hacked is a good option. Just trade safe. Low lot, and patience. I also use a combination of hedging and martingale, but not against the trend. Is a very good system, makes a about $ 2000 – 5000 % weekly, or even more.

No surprises here with Flex on top. I’m surprised you appear to have no Super Precise settings running on any of these accounts though. They have by far been the best performing settings to use with this EA.

Joe – this is a great site, thanks for your info and research. I have a couple of questions about the Forex Hacked products… 1) Is there any human intervention involved for the results posted? 2) Have you tested and posted results using single sided trades only (its difficult to find non-regulated brokers who accept US clients)?

I went thru all the comments, found them to be interesting and informative for a beginner like me. I am just wondering if you have the prices for these robots and eas’. How do I find out which are good and which are not so good?

I was recently contacted by Fap Turbo and i bought their bot..at a low price,, but i cannot make it profitable! ( it actaully makes “buys” right underneath the double zero level!! ) perhaps my testing period was the same as when ALL bots took a dive…has anyone broken a code and learned how to use FapTurbo profitably? thank you for posting your settings if you have

Hello, the robots seem great but there is some trial version to test them in my test trade account “without real money”? I am asking becasue I bought a FAP TURBO one year ago but the results were more negative than positive. So the they returned the paid money but now I want to try some forex robots without paying and after testing them I will have not problems to make the payment.

hi, what is the time frame for the results of FapTurbo? Some websites showed it as 2nd rank after Forex Hacked Pro. what is your view on that. i was going to buy FapTurbo but after seeing your ranking i will give it a second thought.

I’ve added two more Forex Hacked Pro test accounts running much lower risk with different TP and Pipstarter values, as my main one seems to be in a bit of trouble right now with EURAUD. This and EURJPY were two that gave me trouble before so it may be best to just avoid them.

Still working on managing the risk with this as it’s still in beta obviously, but it sure is fun to toy around with.

test pip turbo, pip jet, fap turbo, mega droid, and also., are the robot guides that are for sale any help? i thought that the robots were automatically UPDATED? to keep working ,making money? I know that we should keep up on whats happeing, but the robots are to be UPDATED!!! right or iam just misinformed??? we could just change brokers to get better spreads.if they make changes. they should know that we would leave them if we do not get good spreads and make money? where do you reccommend we up to date info on trading? to stay in the money? god bless , your friend ed

Hi, Steve. Thanks for the competition ! Great! Nice to get all these bots on a level playing field. Personally, I’d like to see Forex Bullit Proof in the competition. On my computer it shows to be a real contender. A constant winner…. Question: I thought Forex Hacked could not be used here in the U.S. Is that So ?

What about another round of competition? This time using different EAs to replace Forex Envy and Wallstreet Robot? Also, I believe this month was pretty mild, so FH and FH Pro survived. In a volatitle month, those 2 could easily have blown up

Very good comparison – thanks for setting it up. The column to look at is the drawdown column, not the profit one. Look at Envy and FX professional… they could blow the account with a sustained trend against their open positions.

It looks like the pro version has 3 separate strategies which you can individually turn on or off. So it has the potential to be very aggressive but can be turned to be very conservative by only running 1 strategy and just a few pairs. Looks like it has a few more features like money management, turbo mode, trailing stop etc… So right now I’m running it at very high risk with all 3 strategies trading on 10 pairs which appears to be extremely profitable but extremely risky. 3.3% a day won’t happen without a ton of risk. My next attempt with this beast will be on less pairs, and maybe turn one of the strategies off.

This competition is GREAT! I’d like to see it extended for a longer period, and another competition started for EA’s that were left out in the first go-around. It’s time to seperate the scammers from the legitimate EA’s.